Yemen, Rep.

Ease of Doing Business in

Yemen, Rep.

This page summarizes Doing Business 2014 data for the Republic of Yemen. The first table lists the overall "Ease of Doing Business" rank (out of 189 economies) and the rankings by each topic. It also lists the economy's distance to frontier (DTF)** measure. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region Middle East & North Africa
Income Category Lower middle income
Population 23,852,409
GNI Per Capita (US$) 1,377
City covered Sanaa
Doing Business 2014 Rank Doing Business 2013 Rank*** Change in Rank
133 129 down -4

Doing Business 2014 DTF** (% points) Doing Business 2013 DTF** (% points) Change in DTF** (% points)
56.33 56.06 down 0.27
 

Starting a Business

Info

The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.

DB 2014 Rank 114 DB 2013 Rank*** 109 Change in Rank down-5
DB 2014 DTF** (% points) 74.50 DB 2013 DTF** (% points) 73.80 Change in DTF** (% points) up0.70

Information on new business density and number of newly created firms with limited liability can be found at Entrepreneurship Database.

Indicator Yemen, Rep. Middle East & North Africa OECD

The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries).

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Procedures (number)
6 8 5

The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments.

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Time (days)
40.0 19.8 11.1

Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.

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Cost (% of income per capita)
66.1 28.9 3.6

The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita.

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Paid-in Min. Capital (% of income per capita)
0.0 45.4 10.4
No. Procedure Time to Complete Associated Costs
1 Reserve a unique company name at the Commercial Register 1 day included in procedure 2
2 Register at the Ministry of Trade & Industry 4 weeks Registration trade name YER 14,220; Company incorporation fees YER 15,000; Publication of company in official gazette YER 30,000; Publication of company in trade magazine YER 16,000; Publication of trade registration YER 20,000; Trade Registration car
3 Register for taxes at the General Taxes Department 1 day no charge
4 Apply for membership at the Chamber of Commerce 1 day YER 18,900
5 Obtain the license from the Municipality 1 week YER 80,000
6 Register employees for social security 2 days no charge

** The distance to frontier (DTF) measure shows the distance of each economy to the "frontier," which represents the highest performance observed on each of the topics including Getting Electricity across all economies included in Doing Business. An economy’s distance to frontier is indicated on a scale from 0 to 100, where 0 represents the lowest performance and 100 the frontier. Read more...

***Last year's rankings are adjusted: they are based on 10 topics and reflect data corrections.

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